Posted: 9:22 AM Mayor Virg Bernero released his budget recommendations at the Lansing City Council meeting, Monday night, in hopes of solving the city's $5 million deficit.
Posted: 10:46 PM Compare Mayor Virg Bernero's 2013-2014 budget proposal to the Financial Health Team's report.
Updated: 6:28 AM Just hours before unveiling his FY2014 budget, Mayor Virg Bernero announced that the city's deficit is $5 million, not $9 million as previously thought.
Updated: 3:29 AM $3.3 million will be part of Monday's budget proposal.
Updated: 2:07 PM See the proposed cuts.
Updated: 9:32 AM Lansing City Council hasn't seen the full report yet, but they're ready to discuss the Financial Health Team's recommendations.
Updated: 10:08 PM The Financial Health Committee is recommending selling city property, including City Hall, to raise money.
Updated: 10:09 PM Revenue is down while costs are up.
Updated: 10:07 AM It could be called a blueprint for saving Lansing. An unprecedented plan for rescuing the capitol city from almost certain financial collapse.
Updated: 10:08 PM Tuesday morning, the team appointed by Mayor Virg Bernero approved some sweeping changes to city finances. The final report will be presented to the mayor and city council on Monday.
Updated: 3:10 PM With the Lansing Financial Health Team expected to make recommendations to help the city's finances, Thursday morning, Mayor Virg Bernero says he's ready to hear tough options.
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